Econocom and Bourbon in exclusive negotiations regarding future development Les Abeilles

Wednesday, September 9 2020

The Bourbon and Econocom groups have entered into exclusive negotiations for the acquisition by Econocom of les Abeilles, the French specialist in towing and rescue on the high seas, also aiming to establish an operational partnership to support this activity.

Over the past five years, Econocom – the Digital general contractor (equipment, services, financing) – has been working with the Bourbon Group (offshore marine services) to finance part of its vessels’ fleet, and more notably those of Les Abeilles. The technical dimension of Les Abeilles’ business, the solidity of its know-how and financial situation, coupled with Econocom’s willingness to strengthen its position in the growing maritime digitalization market, have led Econocom to propose to strengthen its relationship with Les Abeilles and become the reference shareholder.

For Les Abeilles and its teams, the realization of this project would offer the support of a solid group, eager to invest in its future development, in France but also internationally, and support the ongoing renewal of its fleet.

Under this agreement, Bourbon will continue to contribute to the development of Les Abeilles by bringing its technical shipowner expertise in the management of operations through a commercial and technical assistance services contract. With this project, Bourbon continues its focus on Offshore marine services around its three activities  Marine & Logistics, Mobility and Subsea Services.